Dunzo Company Exploring Distress Sale Amid Financial Challenges: Report
Hyperlocal delivery company Dunzo is reportedly seeking a buyer to address its financial challenges. The startup aims to resolve its debt and liabilities through a potential sale, signaling its efforts to stabilize its operations. Dunzo Big Problem According to reports, Dunzo has reached out to prominent players such as Reliance Retail, Flipkart, PhonePe, and Swiggy, […]
Hindustan Unilever In Talks To Acquire D2C Brand Minimalist For $350 Million
Hindustan Unilever Limited (HUL), a leading player in the FMCG sector, is reportedly in advanced discussions to acquire the D2C brand Minimalist. According to reports, the deal is nearing its final stage, with the valuation of the startup estimated at $350 million. HUL Strategy Minimalist, known for its science-backed skincare products, has gained significant traction […]
Ecom Express Appoint Kammal Daas As Vice President Of Last Mile Operations
IPO-bound logistics startup Ecom Express has appointed Kammal Daas as the Vice President of its last-mile operations. In this role, Kammal Daas will perform well by understanding the company. His leadership aims to streamline delivery operations while prioritizing customer experience and operational excellence. Kammal Daas New Responsibility Daas will oversee Ecom Express’s last-mile delivery network, […]
Piyush Goyal To Discuss Battery Swapping And Charging Infrastructure With EV Industry Leaders
Commerce and Industry Minister Mr. Piyush Goyal is set to engage in discussions with key stakeholders and officials from the electric vehicle (EV) industry today, January 3. The meeting aims to address various critical aspects, including the development of battery charging and swapping infrastructure across the country. Government’s Commitment According to sources familiar with the […]
ONDC Achieves Milestone 7 Lakh Sellers Onboarded, Says Piyush Goyal
Commerce Minister Piyush Goyal recently announced that more than 7 lakh sellers and service providers have joined the Open Network for Digital Commerce (ONDC). Taking to the social media platform X, he highlighted that these sellers represent over 600 cities and towns across India. ONDC The state-backed ONDC has successfully processed over 15 crore transactions, […]
“Maharashtra Government Try To Draft Artificial Intelligence Policy Soon”
The Maharashtra government is actively considering drafting its own independent Artificial Intelligence (AI) policy to establish itself as a leading player in the rapidly evolving AI sector. This significant move was announced by the state’s IT Minister, Ashish Shelar, during a recent meeting with IT department officials. Ashish Shelar Statement As reported by Economic Times, […]